River Road ISD adopts tax rate

The River Road ISD board of trustees voted Monday to adopt a tax rate of $1.35 per $100 of assessed property value, said Gaye Lynn Dampf, assistant superintendent for the district.

That means $1,350 would levied on a property valued at $100,000. It is also the same rate the district levied last year, according to district data.

The total rate includes a $1.04 maintenance and operations rate, and a $0.31 debt service rate, according to district data.

The board lowered its 2011-12 tax rate in August 2011 by one cent, down from $1.36 per $100 of assessed property value. The district lowered the rate because the final property value numbers from the Potter-Randall Appraisal District came in higher than expected, Business Manager Mike Hodgson said last year.